New Home Builders

Hundreds of affordable homes are proposed near East Bay BART stop – Silicon Valley

FREMONT — An affordable housing project that could produce hundreds of homes is being eyed on empty land near a BART station in Fremont, city documents show. The housing development, which would consist of apartments, is being proposed on a vacant parcel alongside the Warm Springs BART station. Vacant land at the corner of Warm Springs Boulevard and South Grimmer Boulevard near the Warm Springs BART station in Fremont, shown within the outline. Boundaries are approximate.  If built, the project would produce 240 units in what is being described as…

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New Home Builders

Downtown San Jose condo war widens as new real estate lawsuit emerges – The Mercury News

(George Avalos/Bay Area News Group) Bidders, attorneys, a trustee representative and observers gather outside the Santa Clara County courthouse for the auction of condominiums in a downtown San Jose housing tower that’s located at 188 West St. James Street. The auction was held April 8, 2024. SAN JOSE — The auctioning of several downtown San Jose condominiums has spawned a widening legal war now that a troubled China-based real estate firm has filed a new lawsuit in the increasingly tangled case. China-based FPP MB, an affiliate of China-based Z&L Properties,…

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Real Estate Marketing

Tiny 384-square-foot home lists in California — for $1.7 million. What’s the deal? – Yahoo News Canada

A home that is roughly the same size as a small Beverly Hills closet has landed on the market in Cupertino, California, and has some people seeing red. The house is a total of 384-square feet and is listed for a whopping $1.699 million. While some people from out-of-state might be shocked, others are shrugging and pointing out the obvious. Bedroom “It’s time to bring out the old cliché which just happens to be the truth — it’s location, location, location,” David Stark, a spokesperson for the Bay East Association…

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Other categories

Bay Area Landlords Sue FDIC Over First Republic Bank Leases – The Real Deal

Bay Area office landlords have filed separate lawsuits against the Federal Deposit Insurance Corporation, accusing the agency of giving lowball offers to settle unpaid rent claims against shuttered lender First Republic Bank.   The three lawsuits, which involve rejected First Republic leases in Walnut Creek, Noe Valley and Greenbrae, outline claims of $48.3 million in unpaid rent. Out of that total, the FDIC only approved payouts totaling nearly $1.5 million.  The FDIC was appointed as the receiver of the failed bank in May 2023. The closure was the second-largest bank collapse…

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New Home Builders

Tech titan widens real estate shopping spree to grab Bay Area properties – East Bay Times

SUNNYVALE — A tech titan has widened its shopping spree for Bay Area real estate by purchasing a nondescript building in the South Bay, a buying binge that is now well over a quarter-billion dollars. Applied Materials paid $15 million to buy an industrial and warehouse building in Sunnyvale, according to documents filed on April 9 with the Santa Clara County Recorder’s Office. The building is located at 222 Commercial Street in Sunnyvale and totals 24,000 square feet, according to the Loopnet commercial property listing service. Santa Clara-based Applied Materials…

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